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Ichimoku Cloud Analysis 16.03.2022 AUDUSD, USDJPY, USDCHF

AUDUSD, Australian Dollar vs US DollarAUDUSD is trading at 0.7222; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 0.7255 and then resume moving downwards to reach 0.7005. Another signal in favour of a further downtrend will be a rebound from the descending channels upside border. However, the bearish scenario may no longer be valid if the price breaks the clouds upside border and fixes above 0.7355. In this case, the pair may continue growing towards 0.7445.USDJPY, US Dollar vs Japanese YenUSDJPY is trading at 118.22; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 117.55 and then resume moving upwards to reach 119.85. Another signal in favour of a further uptrend will be a rebound from the rising channels downside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 115.60. In this case, the pair may continue falling towards 114.70.USDCHF, US Dollar vs Swiss FrancUSDCHF is trading at 0.9394; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test TenkanSen and KijunSen at 0.9355 and then resume moving upwards to reach 0.9535. Another signal in favour of a further uptrend will be a rebound from…

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